Danish brewing giant will take over Feldscholesschen beverage business

Nov 3, 2000 - Danish brewing giant Carlsberg is buying the beverages business of Swiss-based Feldschloesschen Huerlimann Holding. Carlsberg will take over the entire beverage business, including beer, mineral water and soft drinks, as well as the wine activities, excluding Weinkellerei Emil Nuesch in Balgach, which will be sold separately.

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Dutch brewer Heineken, which has been outbid on a number of possible acquisitions in the last two years, had been considered the front-runner to buy Feldschloesschen.

Carlsberg, which produces the Carlsberg and Tuborg brands, has about 100 subsidiaries and 90% of its sales are outside Denmark.